Index Archive

12 November 2017

India RTI reveals not a single FIR filed against black money hoardersAn RTI reply has exposed the claims made by the BJP PM Modi government on dealing with the black money.

When asked to provide information on a number of FIRs filed against the black money hoarders by the newly formed Multi Agency Group, Union Finance Ministry headed by Arun Jaitley said that not a single FIR had been filed till date.

The Multi Agency Group was formed in April last year to investigate the legality of money stashed in offshore entities by Indians named in the Panama Papers leak. On 6 November, the Central Board of Direct Taxes said that the MAG will monitor the probe and take “swift action” on the ‘Paradise Papers’ on financial holdings abroad that list a number of Indian entities.

The RTI reply said, “The mandate of Multi Agency Group is to facilitate coordinated and speedy investigations into Panama Paper Leaks. The investigations are conducted by the specific agencies. As per the Income Tax Act, 1961 and Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 there is no provision of registering FIR.”

Now just think even if government finds little bit black money from few Indians then also they won’t go to jail they will pay little bit fine and take away their illegal money home legally and happily and we Indians won’t even get to know the names of black money keepers, hoarders.

Today also whatever names we know it is because of foreign government or great organizations like ICIJ

If you know any person who is behind the bars because of black money please mention his name in comments with little bit details.